Income Opportunity Fund

Income Opportunity Fund

★★★★

 

As of March 31, 2024, overall Morningstar rating against 441 funds in the Allocation – 30% to 50% Equity category based on risk-adjusted return

 

Objective
The Westwood Income Opportunity Fund (the “Fund”) seeks to provide current income. A secondary objective of the Fund is to seek capital appreciation.

Fund Overview

  • Bottom-up, multi-asset strategy focused on providing investors attractive returns by balancing the need for income, capital appreciation and downside risk through security selection and sector rotation.
  • Flexibility to invest across multiple bond sectors, high quality hybrid and equity income producing securities to adapt to changes throughout the economic cycle.
  • Aligns our bottom-up fundamental security selection with our top down asset allocation views in an effort to find high quality opportunities and navigate market risks.
  • Strict investment discipline focused on US securities and a 60% strategic exposure to fixed income, including a minimum average quality of investment grade.
  • Designed for investors looking for the potential for conservative income, downside risk mitigation or tactical alpha allocation.
Share Class*
Institutional
Ticker Symbol
WHGIX
CUSIP
90386K506
Inception Date
December 19, 2005
Net**/Gross Expense Ratio
0.81%** / 0.81%
Distribution Frequency
Quarterly
Total Holdings (as of 3/31/24)
132
SEC 30-Day Yield***
(as of 3/31/24) subsidized / unsubsidized
3.61% / 3.61%
Benchmark
Blended Benchmark
Account Access and Related Materials

Blended Benchmark is 60% Bloomberg Barclays U.S. Aggregate Bond Index and 40% S&P 500 Index.

***The subsidized SEC yield is calculated with a standardized formula mandated by the SEC. The formula is based on maximum offering price per share and includes the effect of any fee waivers. Without waivers, yields would be reduced.




*For additional information for other share classes, click Account Access and Related Materials.

**The advisor has contractually agreed to reduce fees and reimburse expenses until March 1, 2025. In the absence of current fee waivers, total return and yield would be reduced.

Daily NAV
$11.77
Daily Change
0.01
Daily % Change
0.085%

Growth of a $10,000 Investment

Value as of xx/xx/xx
 

Assumes an initial investment of $10,000 was made on the fund's inception date of 12/19/2005. The growth of a $10,000 investment in the fund is hypothetical and for illustration only. It does not represent any actual investment.

Investors should review the Fund's Institutional Shares summary or statutory prospectus for share class eligibility requirements. The prospectuses for the Institutional, A Shares, and C Shares can be found in the Related Materials section of this web page.

Annualized Fund Performance
as of 03/31/2024

Trailing Year Performance YTD* 1-Yr
Trailing
3-Yrs
Trailing
5-Yrs
Trailing
10-Yrs
Trailing
Since
Inception
Income Opportunity Fund Net of Fees 3.42% 10.63% 1.54% 5.42% 5.04% 6.27%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call +1 (877) FUND-WHG. *YTD figure is calculated as of the most recent month end.

Income Opportunity Fund (WHGIX) Asset Allocation

Data as of March 31, 2024. Please note that each column may not add to 100% due to rounding. Asset Allocation for 2006 to present represents the Westwood Income Opportunity mutual fund allocation. Holdings subject to change.

Potential Investor Benefits

Potential for Tactical Alpha

Potential Downside Risk Mitigation

Conservative Balanced

Potential for Growth balanced with
high quality Income

Income Opportunity Fund Portfolio Managers